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Global Net Lease (GNL)
NYSE:GNL
Global Net Lease (GNL) Stock Price & Analysis
1,069 Followers
GNL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.52 - $10.32
Previous Close$7.77
Volume285.77K
Average Volume (3M)1.61M
Market Cap
$1.79B
Enterprise Value$6.77B
Total Cash (Recent Filing)$133.44M
Total Debt (Recent Filing)$5.11B
Price to Earnings (P/E)-4.3
Beta1.07
Next Earnings
Aug 01, 2024EPS EstimateN/A
Last Dividend Ex-Date
Apr 10, 2024Dividend Yield17.8%
Share Statistics
EPS (TTM)-1.83
Shares Outstanding230,383,756
10 Day Avg. Volume1,099,673
30 Day Avg. Volume1,605,544
Standard Deviation0.10
R-Squared0.48
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.45
Price to Sales (P/S)4.72
Price to Cash Flow (P/CF)8.00
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue16.83
Enterprise Value/Gross Profit22.13
Enterprise Value/Ebitda50.61
Forecast
1Y Price Target
$10.50Price Target Upside34.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Global Net Lease News
PremiumCompany Announcements
Global Net Lease Q1 Performance Review and Outlook
PremiumCompany Announcements
Global Net Lease Outlines Future Plans and RisksPremiumCompany Announcements
Global Net Lease Quarterly Financial Outlook with Cautions
PremiumCompany Announcements
Global Net Lease Issues Operational Update to Investors
PremiumCompany Announcements
Global Net Lease Announces Strategic Disposition Plan for 2024
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company reported AFFO numbers which were higher than estimates, reflecting operational efficiency and potential for increased investor confidence.
Operational SuccessRenewal leasing resulted in a notable increase in rental rates across the portfolio, signaling strong demand for the company's properties and robust income growth potential.
Strategic InitiativesManagement's progress on strategic disposition and balance sheet clean-up strategies, including debt maturities extension and asset sales, demonstrates commitment to financial health and could drive stock revaluation.
Bears Say
Dividend PolicyDividend reduced. GNL’s newly established dividend was cut by 22% to $1.10/share per annum, representing the second dividend reduction since the merger was announced.
Financial PerformanceThe deleveraging strategy is likely to be a multi-year process, which is likely to weigh on earnings.
Operational IssuesPortfolio operating trends continue to be inconsistent, with occupancy within the multi-tenant portfolio remaining below stabilized levels despite a healthy leasing pipeline.
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Ownership Overview
14.12% Insiders
19.74% Mutual Funds
34.07% Other Institutional Investors
32.06% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GNL FAQ
What was Global Net Lease’s price range in the past 12 months?
Global Net Lease lowest stock price was $6.52 and its highest was $10.32 in the past 12 months.
What is Global Net Lease’s market cap?
Currently, no data Available
When is Global Net Lease’s upcoming earnings report date?
Global Net Lease’s upcoming earnings report date is Aug 01, 2024 which is in 73 days.
How were Global Net Lease’s earnings last quarter?
Global Net Lease released its earnings results on May 07, 2024. The company reported -$0.15 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.15.
Is Global Net Lease overvalued?
According to Wall Street analysts Global Net Lease’s price is currently Undervalued.
Does Global Net Lease pay dividends?
Global Net Lease pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 17.8%. See more information on Global Net Lease dividends here
What is Global Net Lease’s EPS estimate?
Global Net Lease’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Global Net Lease have?
Global Net Lease has 230,383,760 shares outstanding.
What happened to Global Net Lease’s price movement after its last earnings report?
Global Net Lease reported an EPS of -$0.15 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.417%.
Which hedge fund is a major shareholder of Global Net Lease?
Among the largest hedge funds holding Global Net Lease’s share is Fisher Asset Management LLC. It holds Global Net Lease’s shares valued at 4M.
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Global Net Lease Stock Smart Score
Underperform
1
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.50 (34.79% Upside)
$10.50 (34.79% Upside)
Blogger Sentiment
Bearish
GNL Sentiment 88%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 9.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 5.5%
Last 30 Days ▼ 5.5%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.41%
12-Months-Change
Fundamentals
Return on Equity
-12.17%
Trailing 12-Months
Asset Growth
97.17%
Trailing 12-Months
Company Description
Global Net Lease
Global Net Lease, Inc. operates as a real estate investment trust. It engages in the acquisition and management of a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across U.S., Western and Northern Europe. The company was founded on July 13, 2011 and is headquartered in New York, NY.
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GNL Company Deck
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GNL Earnings Call
Q1 2024
0:00 / 0:00
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GNL Stock 12 Month Forecast
Average Price Target
$10.50
▲(34.79% Upside)
Technical Analysis
Best Analysts Covering GNL
1 Year
1 Year Success Rate
6/19 ratings generated profit
1 Year Average Return
-6.33%
reiterated a buy rating 7 days ago
Copying Bryan Maher's trades and holding each position for 1 Year would result in 31.58% of your transactions generating a profit, with an average return of -6.33% per trade.
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